These most hard-nosed and numerate of executives didn't think regulation or economic models were chiefly at fault, and they were entirely dismissive of the idea that banks had failed due to 'global circumstances beyond anyone's control.'

I think we all know that being numerate and literate are important, but this government has an obsession with tinkering with education, literacy schemes, numeracy frameworks and national curriculum objectives which mean that teachers are constantly having to change the way something is taught before we know if the way we had been doing it is actually going to be the best or most successful methods.